Temp upside has started, if fdi approval came then a good rally will be there for sure and that`ll be a good time for people to book profits and sell their shares coz upside in kfa will be temporary and it is impossible for it to reach its high ever again until and unless it start to show profits not loss after loss every quarter. Personally i find Spicejet better bet but upside in kfa will surely be more
Its like a dogs tail if you keep it in a pipe for no matter how many years it would never be straight . history has proven it and kingfisher airline is history ...
absolutely not possible, otherwise kfa should try to get the funds from abroad..... i hope kfa will soon be merged with some other company.... escape route is more critical and it can be escaped only at the cost of other group companies which should not happen...
There is no scam but lack of funds, govt cannot intervene in this scenario. Vm has enough to keep it afloat for some more time till the issue of fdi is resolved and govt gives fdi a go ahead. The guesswork is for, how much time will govt take, what will be the expected price of kfa at that point of time and what price is good enough to buy this & keep in dp.